Jumia 2022 revenue up 25% at $222mn

NYSE-listed Jumia reported a 25 percent increase in revenue at $222 million for the year ended December 31, 2022 compared to $178 million in 2021. Operating loss was down six percent at $227 million compared to $241 million in 2021. Annual active consumers reached 8.4 million for 2022, up four percent year-over-year, "supported by the stronger usage momentum in the first half of 2022," says an official release.